Wednesday, Jun 20, 11:14 GMT
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Live Sessions Schedule
Main technical theme in the currency market
Expert: Jamie Saettele
Start: Wed, Jun 20, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
The FX Mirror
Expert: Patrick Dyess
Start: Wed, Jun 20, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jun 20, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Wed, Jun 20, 13:00 GMT | Main technical theme in the currency market | Jamie Saettele | WBN | |
| Wed, Jun 20, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Jun 20, 15:00 GMT | The FX Mirror | Patrick Dyess | WBN | |
| Wed, Jun 20, 16:00 GMT | Why variations in Behaviors of Currency pairs? | Dr.S.Sivaraman | WBN | |
Current Session: Europe - U.S.
GBP/USD
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
GBP/USD Open 1.9875 High 1.9889 Low 1.9824 Close 1.9885
In yesterday's early hours trading of the Pound was in the range 1.9824 - 1.9846 US Dollars. During the US session the Cable climbed to 1.9889. This morning the currency pair was exchanging at levels 1.9867 - 1.9886.
- Recap of oversold / overbought readings at 09:45 GMT by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Technical Analysis Special - CHF by Mizuho Corporate Bank
Technical analysis: Short Sterling - Short Sterling – December 2007 by Mizuho Corporate Bank
Global FX Daily - European Edition - GBP waiting on today’s MPC minutes/money data by Mellon Foreign Exchange
Majors at a Glance
- EUR/USD
- Continues to trade above pivot level 1.3415 with narrow daily range
06/20/2007 11:05 GMT - GBP/USD
- Continues to move up above second resistant level 1.9930
06/20/2007 11:05 GMT - USD/CHF
- Continues to move down below second support level 1.2375
06/20/2007 11:05 GMT - USD/JPY
- Back above pivot level 123.46 after bounced at 123.10
06/20/2007 11:05 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Japan MERCHANDISE TRADE BALANCE TOTAL
| Date (GMT) | Event | Cons. | Previous | |
| Jun 20 | 23:50 | Merchandise Trade Balance Total | ¥540.0B | ¥922.8B |
USD/JPY Daily Outlook - USD/JPY Daily Outlook by AceTrader
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The consensus shows a cut-to-the-half prevision of the trade surplus, which is something really to take into account, as we should not forget that the JPY should be profiting from the weaker Yen and that exports should overcome imports by some distance. This could show that the current JPY weakness is not the mother of all solutions and that some other economies should start taking note of this" - FXstreet.com
Top Market Movers Review
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 20 | 08:30 | Bank of England Minutes | - | - | - |
European Market Update - BOE Minutes Show Surprising 5-4 Vote; Governor King in the Minority by Trade The News
The Bank of England minutes were released overnight and surprised many market participants showing a 5-4 vote at the June 7 meeting with BOE Governor King amongst the outvoted minority for the first time since August of 2005.
[ Full Story ]- Read the MPC Minutes: June 2007 at BoE
- Sterling Edges Back Towards $2 After MPC Minutes (Dow Jones)
- UK short sterling futures slightly lower after hawkish BoE minutes (AFX News)
- Forex - Pound jumps after unexpectedly hawkish set of BoE minutes (AFX News)
Economic Data Roundup - UK 20/6 Minutes of MPC Meeting 7-7/6 by ODL Securities
The Currency Futures Report - Pound Higher Ahead of 'Minutes' by Alaron
UK M4 MONEY SUPPLY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 20 | 08:30 | M4 Money Supply (MoM) | 1.2% | 1.0% | 1.3% |
| Jun 20 | 08:30 | M4 Money Supply (YoY) | 13.8% | 13.4% | 13.3% |
UK May M4 up annual 13.8 pct, highest since Oct 2006's 13.9 pct (AFX News)
The UK's broad measure of money supply continued to grow at a strong pace during May, figures from the Bank of England confirmed today. In its first release of the money supply during the month, the central bank said its preferred M4 measure rose by a monthly 1.2 pct, and by 13.8 pct year-on-year.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 20 | 08:30 | UK | Bank of England Minutes | |||
| 08:30 | UK | M4 Money Supply (MoM)  | 1.2% | 1.0% | 1.3% | |
| 08:30 | UK | M4 Money Supply (YoY) (May) | 13.8% | 13.4% | 13.3% | |
| 08:30 | UK | Public Sector Net Borrowing (May) | 8.2B | 7.3 | 1.1B | |
| 12:30 | CA | Leading Indicators (MoM) | 0.4% | 0.4% | ||
| 14:00 | US | Paulson Testifies On the International Financial System | ||||
| 23:50 | JP | Merchandise Trade Balance Total (May) | ¥540.0B | ¥922.8B | ||
| Jun 21 | 06:15 | CH | Trade Balance (May) | 1.50B | 0.63B | |
| 08:00 | EMU | PMI Manufacturing Index (Jun) | 54.5 | 55.0 | ||
| 08:00 | EMU | Purchasing Manager Index Services (Jun) | 57.2 | 57.3 | ||